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This book presents the econometric analysis of single-equation and simultaneous-equation models in which the jointly dependent variables can be continuous, categorical, or truncated. Despite the traditional emphasis on continuous variables in econometrics, many of the economic variables encountered in practice are categorical (those for which a suitable category can be found but where no actual measurement exists) or truncated (those that can be observed only in certain ranges). Such variables are involved, for example, in models of occupational choice, choice of tenure in housing, and choice of type of schooling. Models with regulated prices and rationing, and models for program evaluation, also represent areas of application for the techniques presented by the author.

Econometrics --- Économetrie --- Quantitative methods (economics) --- Econometrics. --- Business, Economy and Management --- Economics --- Economics, Mathematical --- Statistics

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Business, Economy and Management --- Business Management --- E --- Finance --- General and Others --- Insurance and Investment

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James Friedman provides a thorough survey of oligopoly theory using numerical examples and careful verbal explanations to make the ideas clear and accessible. While the earlier ideas of Cournot, Hotelling, and Chamberlin are presented, the larger part of the book is devoted to the modern work on oligopoly that has resulted from the application of dynamic techniques and game theory to this area of economics. The book begins with static oligopoly theory. Cournot's model and its more recent elaborations are covered in the first substantive chapter. Then the Chamberlinian analysis of product differentiation, spatial competition, and characteristics space is set out. The subsequent chapters on modern work deal with reaction functions, advertising, oligopoly with capital, entry, and oligopoly using noncooperative game theory. A large bibliography is provided.

Oligopolies --- Oligopoles --- Microeconomics --- 380.22 --- AA / International- internationaal --- Economic concentration --- Monopolies, Partial --- Partial monopolies --- Competition, Imperfect --- Interorganizational relations --- Concurrentie. Monopolie, duopolie, oligopolie --- Business, Economy and Management --- Economics --- Oligopolies.